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Articles

Hotel Industry, One of the Most Profitable Dutch Sectors at the End of 2017

Written by: Bridgewest

During the last several years, the tourism industry has evolved a lot thanks to technology. Dutch capital, Amsterdam kept the pace with the latest trends especially in the accommodation sector where online platforms for booking hotel rooms or rooms in private dwellings has increased considerably. Despite the significant increase of private home owners renting rooms of tourists, Dutch hotels will register record profits at the end of this year. If you want to open a company in tourism, our company formation agents in the Netherlands can advise you.

The number of tourists has increased considerably in Amsterdam

The Netherlands is one of the most visited country in Europe, above the EU average, and Amsterdam is one of the most visited cities in the country which is why the accommodation sector has “exploded” in 2017. Both Dutch companies and private home owners have registered significant incomes, however hotels are heading towards one of their best years when it comes to profits.

According to a recent report, even if hotel room prices have gone up by a few euros, the occupancy rate has increased to an average of 83.7% on regular week days. This is the highest occupancy rate since 2000.

Our Dutch company formation advisors can help foreign investors who want to open hotels in any city in the country.

Who are the tourists visiting Amsterdam?

The beauty of Amsterdam lies in its capacity of attracting both tourists coming here for sightseeing, but also business people who usually attend international congresses. Both categories contribute to the high occupancy rate in week days and week-ends.

The representatives of some of the hotels participating in the study say that October was one of the best months of 2017, their occupancy rate growing by close to 12%.

Foreign investors are attracted by the hotel industry in Amsterdam which is why this market is one of the most productive. According to statistics, enterprisers building hotels in this city are willing to pay up to 427,000 euros to create one room, which is close to the price of building a house in Amsterdam.

Those interested in investing in the hotel or tourism industry can contact our company formation consultants in the Netherlands for assistance.

 

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